Ethereum co-founder Vitalik Buterin tweeted about a famous Bitcoin (BTC) maximalist. He also commented on the metaverse space, one of the most popular topics of recent times. Here are the details…
Vitalik Buterin drew attention with his metaverse comments
Buterin recently made metaverse comments that are likely to spark controversy. Speaking on Twitter, Buterin pointed out that no one knows what the metaverse means at the moment. While he thinks the metaverse will happen, he says it won’t be anything like the metaverse that current corporate firms want to create. He even states that this subject is much deeper than the difference between Wikipedia and Britannica.
Saying that no one even knows what the metaverse is at the moment, Buterin says, “We’re too early to guess what people want.” That’s why everything Facebook tries to create is doomed to fail. As it is known, Facebook announced that it would focus on the metaverse by changing its name to “Meta” in the last months of 2021.
Buterin calls Bitcoin maximalist a ‘clown’
Vitalik Buterin calls MicroStrategy’s Michael Saylor “a complete clown.” Vitalik Buterin crushes Michael Saylor in the latest fight between Bitcoin maximalists and altcoin creators. In a tweet on Sunday, Vitalik Buterin shared a video of Saylor explaining why Ethereum is unethical. In his tweet, he referred to MicroStrategy CEO Michael Saylor as a total clown. He described all cryptocurrencies other than Bitcoin as lacking solid ethical foundations in terms of security. Buterin tweeted the following:
Why do maximalists choose heroes who turn out to be complete clowns?
https://twitter.com/VitalikButerin/status/1553563862942633984
Saylor implied in the said interview that all other cryptocurrencies are securities. Besides that, he said, “All legitimate capabilities are working in the Bitcoin ecosystem.” “If you are honest, ethical and competent, you will be building the Lightning Network,” the MicroStrategy CEO added. It’s worth noting that Buterin wasn’t the only one who disliked Saylor’s comments.
Why did Ripple lawyer criticize Saylor?
John Deaton, the legal representative of XRP holders in the ongoing legal battle between the US SEC and Ripple, also expressed some concerns about Saylor’s comments. According to Deaton, Saylor’s definition of securities is fundamentally flawed. Ethical arguments are nonsense. In a statement on Twitter on Sunday, Deaton used the following statements:
Saylor’s analysis of what constitutes a security is deeply flawed. That’s pretty surprising considering how smart he is. Even more disturbing are the comments that if you are ‘ethical’ you will only build on Bitcoin and Lightning. Ethical comments are ridiculous and Saylor needs to be better than this. The problem with its analysis is that it equates every potential developer with the platform’s founders.
In recent weeks, tensions between Bitcoin maximalists and the altcoin community have heated up even more. Cardano creator Charles Hoskinson has labeled Bitcoin maximalists like Michael Saylor as intellectually dishonest, following Saylor’s classification of ADA as a security. As we reported as Kriptokoin.com, Saylor’s MicroStrategy has approximately 129,699 BTC in its treasury. That is, it remains the largest known institutional owner of Bitcoin.
